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Asia stocks rise, earnings, central banks in focus

Reuters - 53 mins ago

SINGAPORE (Reuters) - Asian stocks rose Tuesday, with the Nikkei gaining more than 1 percent, on optimism that companies will report strong earnings, while the euro held near a two-month high. More »

Barclay brothers to expand hotels portfolio - report
Reuters - 1 hour 7 mins ago
LONDON (Reuters) - Private investors David and Frederick Barclay are set to take a controlling stake in three of London's most prestigious hotels, the Financial Times said on Tuesday. More »
HSBC chief not relocating to Hong Kong - report
Reuters - 4 hours 51 mins ago
LONDON (Reuters) - Stuart Gulliver, HSBC Holdings Plc's new chief executive, has dropped plans to relocate to Hong Kong and will stay in London, the Financial Times said on Tuesday. More »
Slowing economy to flag "stagflation-lite" fears
Reuters - 5 hours 51 mins ago
LONDON (Reuters) - After last week's shock rise in inflation, GDP data on Tuesday will show the economy slowed in the final quarter of this year, highlighting the dilemma facing the Bank of England. More »
AmEx revenue rises, but regulatory issues linger
Reuters - 6 hours 4 mins ago
NEW YORK (Reuters) - American Express Co said fourth-quarter revenue grew 13 percent from a year earlier, as consumer spending increased, but an uncertain regulatory outlook overshadowed the company's ambitions for future growth. More »
Sarkozy targets commodities in G20 agenda
Reuters - 8 hours 13 mins ago
PARIS (Reuters) - French President Nicolas Sarkozy called on Monday for new rules to curb commodity price volatility, warning as he laid out his G20 agenda that the world risks food riots and weaker growth if leaders fail to act. More »
Cocoa soars on Ivorian export ban, Cargill complies
Reuters - 8 hours 21 mins ago
LONDON/ABIDJAN (Reuters) - Cocoa prices jumped to near their highest in 30 years on Monday as top producer Ivory Coast's Alassane Ouattara declared a month-long export ban to stop revenues reaching his rival for the country's presidency. More »
Spain's banks must boost capital or face government takeover
Reuters - 8 hours 39 mins ago
MADRID (Reuters) - Spain's savings banks, considered a fiscal liability for the government, have seven months to raise capital through private investors or the state will partially take them over, Economy Minister Elena Salgado said on Monday. More »
Bank's Sentance: MPC should focus on CPI not growth
Reuters - 9 hours 30 mins ago
LONDON (Reuters) - The Bank of England's Monetary Policy Committee now needs to focus on its main inflation objective, and not worry too much about trying to forecast growth, Bank policymaker Andrew Sentance said on Monday. More »
Goldman profit slides as bond trading wilts
Reuters - 10 hours 22 mins ago
NEW YORK (Reuters) - Goldman Sachs Group Inc posted a 53 percent decline in fourth-quarter profit as trading revenue tumbled, dashing hopes that the Wall Street bank had bucked a tough trading climate in debt markets. More »